• Viacom In Talks To Sell Majority Stake In Its Chinese Operations - Report

    2 monthes ago - By Deadline

    Viacom is in talks to sell a majority stake of its Chinese operations.
    The move, which was reported by the Wall Street Journal, would see the Hollywood studio sell a stake in its channels business, which includes MTV and Nickelodeon.
    The newspaper reported that Viacom has already held talks with at least one unnamed Chinese entity after struggling to scale its businesses in the country, which has been a notoriously difficult market for international media and...
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  • Viacom in Talks to Sell Majority Stake in Chinese TV Networks

    2 monthes ago - By The Wrap

    Viacom is in talks to sell a majority stake in its Chinese TV networks, including MTV and Nickelodeon, according to an individual familiar with the company's plans.
    The company has had discussions with at least one Chinese company, the individual said, adding that any deal would be structured similarly to the joint venture forged last year with Reliance Industries in India.
    A rep for Viacom declined to comment.
    Like many companies, Viacom has run into trouble in recent years trying to scale its businesses in China, according to The Wall Street Journal , which was the first to report the...
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